Peregrino FPSO halted for safety fixes as sector pivots to floating, modular and digital solutions

2 weeks ago

Peregrino FPSO, Campos Basin, Brazil, August 27, 2025 News Summary Regulators ordered a production stop at the Peregrino FPSO after gaps…

Procore and cloud partner embed AI agents to transform construction workflows

2 weeks ago

Seattle, August 27, 2025 News Summary A multi‑year collaboration between a leading construction platform and a major cloud provider is introducing…

Procore and AWS launch strategic multi‑year collaboration to accelerate construction AI

2 weeks ago

Carpinteria, California, August 27, 2025 News Summary Procore Technologies and Amazon Web Services announced a multi‑year strategic collaboration to co‑invest in…

Xpanner launches X1 Kit to add Physical AI to construction machines; NoBull Energy named first XBoost partner

2 weeks ago

Indianapolis, United States, August 27, 2025 News Summary Xpanner introduced the X1 Kit, a field-ready retrofit that adds Physical AI and…

Arriba Capital closes $67M construction loan for dual-branded Hilton hotel near Oracle campus in Nashville

2 weeks ago

Nashville, East Bank district, August 26, 2025 News Summary Arriba Capital provided a $67 million construction loan to fund a dual-branded…

Major financing clears way for Eden Prairie apartment project

2 weeks ago

Eden Prairie, Minnesota, August 26, 2025 News Summary A $55.62 million financing package has been arranged to build The Fox &…

Brokers Shift to One‑Time Close Construction Loans as Montana DOE Loan Restarts and Regional Bank Posts Strong Quarter

2 weeks ago

Montana, USA, August 26, 2025 News Summary Mortgage brokers are increasingly pursuing one‑time close construction loans across FHA, VA, USDA and…

Zoning alone won’t close U.S. housing shortage, experts say

2 weeks ago

United States, August 26, 2025 News Summary The United States faces an estimated shortfall of about 4.7 million housing units, driven…

Autodesk cuts 1,350 roles to refocus on AI and cloud amid AEC data gap

2 weeks ago

San Francisco, August 26, 2025 News Summary A major software firm announced reductions impacting about 1,350 employees worldwide, reallocating headcount and…

Global Building Information Modeling Market Set to Rise to USD 15.42 Billion

2 weeks ago

Delray Beach, Fla., August 26, 2025 News Summary A new market forecast projects strong expansion in the Building Information Modeling (BIM)…